From the Editor
- Australia's richest citizen, Gina Rinehart built her wealth on iron ore.
- The daughter of iron ore explorer Lang Hanco*ck, Rinehart rebuilt her late father's financially distressed company, Hanco*ck Prospecting, becoming executive chairwoman in 1992.
- Hanco*ck's biggest asset is the Roy Hill mining project, which started shipments to Asia in 2015. She's paid off the $7.2 billion debt taken on for this project.
- Rinehart has made significant investments into rare earth minerals and the gas sector. She's also Australia's second-largest cattle producer, with a portfolio of properties across the country.
- In December 2023, Hanco*ck Prospecting and Chilean mineral company SQM made a joint $1.1 billon bid to acquire lithium outfit Azure Minerals in western Australia.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Personal Stats
- Age
- 70
- Source of Wealth
- Mining
- Residence
- Perth, Australia
- Citizenship
- Australia
- Marital Status
- Widowed
- Children
- 4
Did you know
Rinehart has been locked in a prolonged legal battle with her children, John and Bianca, over their family trust.
Hanco*ck Prospecting disclosed in September 2023 that it had $5.44 billion in trust accounts, amid the family legal battle.
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